江盐集团(601065) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 693,076,141.24, representing a decrease of 8.83% compared to the same period last year[5]. - Net profit attributable to shareholders was CNY 140,110,719.77, showing a slight increase of 0.24% year-on-year[5]. - Basic earnings per share (EPS) fell by 24.14% to CNY 0.22[5]. - Total operating revenue for Q1 2024 was RMB 693,076,141.24, a decrease of 8.8% compared to RMB 760,206,474.98 in Q1 2023[21]. - Total revenue from operating activities for Q1 2024 was CNY 658,038,970.21, compared to CNY 715,731,930.46 in Q1 2023, indicating a decrease of approximately 8.06%[27]. - Operating profit for Q1 2024 was CNY 171,673,422.66, slightly up from CNY 170,378,474.07 in Q1 2023, reflecting a growth of 0.76%[22]. - The total comprehensive income for Q1 2024 was CNY 145,971,990.27, compared to CNY 145,428,599.39 in Q1 2023, showing a marginal increase of 0.37%[23]. Cash Flow and Liquidity - The net cash flow from operating activities decreased by 40.86% to CNY 85,224,942.17, primarily due to increased employee compensation and tax payments[10]. - The company reported a decrease in cash flow primarily due to increased payments for employee salaries and taxes, impacting overall liquidity[10]. - The net cash flow from operating activities for Q1 2024 was CNY 85,224,942.17, down from CNY 144,098,286.43 in Q1 2023, a decline of about 40.91%[27]. - Cash and cash equivalents decreased to RMB 1,475,606,183.21 from RMB 1,684,954,907.72 at the end of 2023, reflecting a decline of 12.4%[16]. - Cash and cash equivalents at the end of Q1 2024 were CNY 1,468,598,651.34, down from CNY 1,677,950,916.76 at the beginning of the quarter, a decrease of 12.45%[28]. - The company reported a net cash outflow from investing activities of CNY 143,589,908.02 in Q1 2024, compared to CNY 68,211,444.58 in Q1 2023, indicating a significant increase in investment expenditures[28]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,789,988,605.70, an increase of 0.94% from the end of the previous year[6]. - As of March 31, 2024, total current assets amounted to RMB 2,175,110,276.64, slightly down from RMB 2,202,939,236.06 at the end of 2023[16]. - Total assets as of March 31, 2024, were RMB 5,789,988,605.70, compared to RMB 5,736,005,400.07 at the end of 2023[17]. - Total liabilities decreased to RMB 1,463,283,276.01 from RMB 1,561,274,094.90, indicating a reduction of 6.3%[18]. - Shareholders' equity attributable to the parent company increased by 3.54% to CNY 4,262,664,342.66[6]. - Shareholders' equity increased to RMB 4,326,705,329.69 from RMB 4,174,731,305.17, reflecting a growth of 3.6%[18]. Expenses and Costs - Total operating costs for Q1 2024 were RMB 531,717,267.02, down 10.6% from RMB 594,715,776.62 in Q1 2023[21]. - Operating costs included RMB 423,867,350.00 in cost of goods sold, a decrease from RMB 475,855,732.01 in the previous year[21]. - Research and development expenses increased to CNY 19,947,082.77 in Q1 2024 from CNY 18,479,943.38 in Q1 2023, marking an increase of 7.96%[22]. - The company’s total tax expenses for Q1 2024 were CNY 25,759,762.99, slightly higher than CNY 25,572,618.44 in Q1 2023, reflecting an increase of 0.73%[22]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 46,163[12]. - Net profit attributable to shareholders of the parent company for Q1 2024 was CNY 140,110,719.77, a slight increase from CNY 139,773,604.32 in Q1 2023, representing a growth of 0.24%[23]. - The weighted average return on equity (ROE) decreased by 3.05 percentage points to 3.35%[6]. - Non-recurring gains and losses totaled CNY 1,285,218.70 after tax, with significant contributions from government subsidies and other non-operating income[9].